Retail Banking

Metrobank’s net profit up 14% in 2024 on higher loans and deposits

Its pre-provisioning operating profit fell 11%, however.

Taiwanese banks’ total outstanding loans rise to $11.89b in Jan

The NPL ratio rose to 0.16% and NPL coverage ratio fell.

Australia’s G&C, Unity Bank officially merge

G&C will maintain a strong capital position but faces integration risks, S&P said.

Citi Indonesia names Wit Oemar as head of corporate banking

He is one of the founding members of Citi Commercial Bank in Indonesia.

OCBC’s Iris Ng champions SMEs, green financing

The banker worked on making capital loans more accessible to SMEs through embedded finance. 

CommBank adds extra confirmation step for NetBank logins

Customers using the CommBank app will be prompted for confirmation.

Vietnamese banks may see up to 16% credit growth over next two years

Demand will come from the manufacturing, construction, and real estate sectors.

Bank of East Asia officially opens Global Services Centre

It is an IT Development & Test Centre for fintech solutions and AI adoption.

Malaysian banks’ impaired loans rose in January

Loan loss coverage ratio dipped to 128.6% from 129% previously.

Cake Digital Bank breaks even by meeting small needs

The Vietnamese digital bank owes its success to quick loans and low-limit credit cards.

MUFG Bank to invest in life sciences investment fund

The fund aims to establish startups as well as develop and launch new drugs.